In its fourth-quarter 2018 financial results, big-box retailer Lowe’s reports a net loss of $824 million. This figure is in contrast to net earnings of $554 million during the same period in 2017. Sales for the fourth quarter came to …
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Ace Hardware Is Focused on Retailer-Centric Change and Growth
Click the picture to download a PDF of this story. Onward and Upward By Kate Klein, kklein@nrha.org Ace Hardware Corp. is on a growth path that maintains its retailer-owned cooperative model, continues to pursue its core values and finds new, adaptive ways to …
Read More »Brothers Grow a Business by Saving Struggling Stores
From Famine to Flourish Brothers Martin and Art Ruggiero—owners of Desert Foothills Ace Hardware in Phoenix—were already business partners before most kids their age had moved on from their high school and college jobs. Their father, Al, had opened a …
Read More »Insight From 3 Ace Hardware Executives
Hardware Retailing magazine spoke with three top executives from Ace Hardware Corp. to learn more about the co-op’s latest merchandising, logistics and marketing initiatives. John Surane, Executive Vice President, Chief Merchandising and Sales Officer Lori Bossmann, Executive Vice President, Chief Supply Chain …
Read More »Venhuizen Q&A: Ace Maintains Mission While Embracing Change
John Venhuizen President and CEO Venhuizen has worked at Ace Hardware for more than 25 years, serving in a variety of leadership positions. In the past, he has overseen marketing, business development, strategy, supply chain, IT and Ace International. Hardware …
Read More »Trends at the International Home + Housewares Show
The International Home + Housewares Show spotlights new products and growing trends in the housewares category. Visit TheRedT.com/chef-chad for a video from Hardware Retailing exploring more of the small appliances trending in the housewares category. The March 2019 event in …
Read More »Homeowners Make Project Plans for 2019
Click the picture to download a PDF of this story. By Kate Klein, kklein@nrha.org Fewer homeowners are planning projects to redo, improve, repair or maintain their houses early in 2019 compared to the year prior, according to fourth-quarter research from the nonprofit Home …
Read More »Boston’s Ace Hardware Finds Fresh Growth
Boston’s Ace Hardware in Page, Arizona, isn’t new to finding opportunities for growth. The store has been operating since the 1960s and is currently going strong under the ownership of brothers Doug, David and Dan Boston. Major, profitable changes to …
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